ADVERTISEMENT
The Sun Nigeria
  • National
  • Columns
    • Broken Tongues
    • Capital Matters
    • Diabetes Corner
    • Duro Onabule
    • Femi Adesina
    • Frank Talk
    • Funke Egbemode
    • Insights
    • Kalu Leadership Series
    • Kunle Solaja
    • Offside Musings
    • PressClips
    • Public Sphere
    • Ralph Egbu
    • Shola Oshunkeye
    • Sideview
    • The Flipside – Eric Osagie
    • Tola Adeniyi
  • Business
  • Politics
  • Entertainment
  • The Sun TV
  • Sporting Sun
No Result
View All Result
  • National
  • Columns
    • Broken Tongues
    • Capital Matters
    • Diabetes Corner
    • Duro Onabule
    • Femi Adesina
    • Frank Talk
    • Funke Egbemode
    • Insights
    • Kalu Leadership Series
    • Kunle Solaja
    • Offside Musings
    • PressClips
    • Public Sphere
    • Ralph Egbu
    • Shola Oshunkeye
    • Sideview
    • The Flipside – Eric Osagie
    • Tola Adeniyi
  • Business
  • Politics
  • Entertainment
  • The Sun TV
  • Sporting Sun
No Result
View All Result
The Sun Nigeria
No Result
View All Result
ADVERTISEMENT
Home National

Assets sales: Account for N112b, Rivers govt. tells Amaechi

18th September 2018
in National
0
AMAECHI
35
SHARES
172
VIEWS
Share on FacebookShare on Twitter

…Allegation, display of fright – APC

Tony John,  Port Harcourt

Rivers State Government has asked  the Minister of Transportation, Chibuike Amaechi,  to account for the  $308 million (about N112 billion), being proceeds of the sale of the state’s gas turbine power stations allegedly  to Sahara Energy belonging to Mr. Tonye Dele Cole.

In a statement issued in Port Harcourt, by the  Commissioner for Information and Communications, Emma Okah, yesterday,  the state government said the assets were sold towards the end of Amaechi’s tenure.

Okah alleged that proceeds of the power stations were diverted to fund political activities of the All Progressives Congress (APC ).

“The Justice Omereji Commission of Inquiry investigated the spurious sales and indicted the Minister of Transportation and ,  instead of refunding the money, the minister rushed to court to set aside the findings of the Commission.

READ ALSO: Convention: We’ve been shut out of Eagle Square – SDP alleges

“He lost at the High Court and at the Court of Appeal. His appeal to the Supreme Court has  been abandoned because,  for over a year, he has failed to file a brief of argument.

“This is the reason the minister is arm-twisting his party members in the state and forcing Mr. Tonye Dele Cole on them, as their anointed flag-bearer in the 2019 governorship poll. The reason for Tonye Dele Cole is now better explained”.

The commissioner added that Cole’s choice is to  cover the skeletons in Amaechi’s cupboard.

“Instead of explaining why he took such contagious economic steps against the state, the former governor and Minister of Transportation is busy blackmailing the Government of Rivers state and supporting the Economic and Financial Crimes Commission to disobey existing court orders and harass the Government of Rivers State and her officials.

“For the avoidance of doubts, Rivers state government is not against the fight against corruption.

“Our case is that there are two perpetual court injunctions restraining the Commission from investigating the finances of Rivers state government and, until those injunctions are vacated by a superior court, the Commission is duty bound in law to respect it; irrespective of how worried the former governor may feel today,” Okah added.

Regardless,  APC’s state  Publicity Secretary,  Chris Finebone,  dismissed the state government’s allegation.

READ ALSO: Ojukwu’s family splits over Bianca

Finebone, in a  statement sent  to Daily Sun,  said Okah’s assertion was a classical display of the fright that has gripped his government “since the possibility of Tamunotonye Dele Cole flying the governorship flag of APC in Rivers state became public knowledge. No governorship aspirant will challenge him.

“On the matter of Tonye Cole’s businesses that cover energy, power and oil and gas within and outside Nigeria, it is absurd to talk about his company buying a single facility in Rivers state.

“Let those talking about it be informed that Tonye Cole’s organisation bought  a wide range of power plants from the federal government including as Egbin Power Plant, Afam Power Stations and others.

“The power plant sold by the state government to his company pales into insignificance even if his company had to pay twice…”

Tags: Afam Power StationsChibuike Amaechicourt of appealEgbin Power PlantMinister of Transportation
Segun Adio

Segun Adio

Related Posts

IGP ban of FSARS greatest relief ever –Govs
National

Fuel subsidy affecting inflow into FAAC –NGF

7th July 2022
Xenophobic attacks: Labour calls for  strigent measures against South Africa
National

NLC reiterates call for upward review of workers’ salaries

7th July 2022
Why I dropped my governorship ambition –Ekweremadu
National

Ekweremadu: Court orders NIMC to submit Ukpo’s bio-data to AGF

7th July 2022
Next Post
ACCOUNTANT GENERAL

Okorocha swears-in new SSG, others

OBASEKI

Flooding: Edo, ECOWAS re-strategise on disaster management

FLOODIND

Edo SUBEB relocates pupils in flood-prone schools

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Highlights

NLC reiterates call for upward review of workers’ salaries

Road to 2023: Obi’ll change Nigeria’s ugly narrative –Yunusa Tanko, NCFront spokesman

Road to 2023: Muslim-Muslim presidential ticket insult to Christians –Dr Ekwok, C’River PFN chair

OPEC, Sylva, industry leaders extol virtues of Barkindo

Caverton secures Benin’s presidential fleet maintenance contract, unveils water bus

Road to 2023: Delta PDP: House divided against itself

Trending

IGP ban of FSARS greatest relief ever –Govs
National

Fuel subsidy affecting inflow into FAAC –NGF

7th July 2022
0

From Ndubuisi Orji, Abuja  The Nigerian Governors Forum (NGF) has said subsidy payments on Premium Motor Spirit...

Letter to Independent National Electoral Commission (1)

Tanko Muhammad’s resignation and matters arising (1)

7th July 2022
Northern coalition demands review of alliance with South-West

2023: We need to overhaul our politics, says Northern elders

7th July 2022
Xenophobic attacks: Labour calls for  strigent measures against South Africa

NLC reiterates call for upward review of workers’ salaries

7th July 2022
Road to 2023: Obi’ll change Nigeria’s ugly narrative  –Yunusa Tanko, NCFront spokesman

Road to 2023: Obi’ll change Nigeria’s ugly narrative –Yunusa Tanko, NCFront spokesman

7th July 2022
ADVERTISEMENT

Follow us on social media:

Latest News

  • Fuel subsidy affecting inflow into FAAC –NGF
  • Tanko Muhammad’s resignation and matters arising (1)
  • 2023: We need to overhaul our politics, says Northern elders
  • NLC reiterates call for upward review of workers’ salaries
  • Road to 2023: Obi’ll change Nigeria’s ugly narrative –Yunusa Tanko, NCFront spokesman
  • Road to 2023: Muslim-Muslim presidential ticket insult to Christians –Dr Ekwok, C’River PFN chair
  • OPEC, Sylva, industry leaders extol virtues of Barkindo
  • Caverton secures Benin’s presidential fleet maintenance contract, unveils water bus
  • Road to 2023: Delta PDP: House divided against itself
  • Delta, firm seal deal for N270 bn housing development project
  • FG to use flaring penalties for environmental remediation 
  • Ekweremadu: Court orders NIMC to submit Ukpo’s bio-data to AGF
  • Building savings culture in Nigeria’s challenged business environment
  • … Ohanaeze elders stand with ex-deputy senate president, wife
  • Terrorists’ll never prevent Buhari fulfilling his international obligations –Presidency
  • Kuje: UK warns nationals on safety, security in Nigeria
  • I never sponsored agitation, IPOB -Obi
  • Niger mining site massacre: Military vows to defeat terrorists, bandits
  • Consumers hail sack of Benin, Kano, Kaduna DisCos mgt
  • Group seeks pact with CDS to address economic sabotage 

Categories

  • Abuja Metro
  • Anambra Watch
  • Arts
  • Broken Tongues
  • Business
  • Business Week
  • Cartoons
  • Citizen Joe
  • Columns
  • Cover
  • Culture
  • Duro Onabule
  • Editorial
  • Education Review
  • Effect
  • Elections
  • Entertainment
  • Events
  • Features
  • Femi Adesina
  • Food & Drinks
  • Frank Talk
  • Funke Egbemode
  • Gallery
  • Global Square by Kenneth Okonkwo
  • Health
  • Insights
  • Kalu Leadership Series
  • Kunle Solaja
  • Kunle Solaja
  • Letters
  • Lifeline
  • Lifestyle
  • Literary Review
  • Marketing Matters
  • Muiz Banire
  • National
  • News
  • Offside Musings
  • Opinion
  • oriental news
  • Politics
  • Press Release
  • PressClips
  • Public Sphere
  • Ralph Egbu
  • Shola Oshunkeye
  • Sideview
  • South-west Magazine
  • Sponsored Post
  • Sporting Sun
  • Sports
  • Sun Girl
  • Tea Time
  • The Flipside – Eric Osagie
  • The Sun Awards Live
  • The Sun TV
  • Thoughts & Talks
  • Time Out
  • Today's cover
  • Tola Adeniyi
  • Travel
  • Travel & Tourism
  • Trending
  • TSWeekend
  • Turf Game
  • Uncategorized
  • Updates
  • Views from Abroad
  • Voices
  • World
  • World News
  • About Us
  • Paper Ad Rate
  • Online Ad Rate
  • The Team
  • Contact Us
  • Privacy Policy

© 2019 The Sun Nigeria - Managed by Netsera.

No Result
View All Result
  • National
  • Columns
    • Broken Tongues
    • Capital Matters
    • Diabetes Corner
    • Duro Onabule
    • Femi Adesina
    • Frank Talk
    • Funke Egbemode
    • Insights
    • Kalu Leadership Series
    • Kunle Solaja
    • Offside Musings
    • PressClips
    • Public Sphere
    • Ralph Egbu
    • Shola Oshunkeye
    • Sideview
    • The Flipside – Eric Osagie
    • Tola Adeniyi
  • Business
  • Politics
  • Entertainment
  • The Sun TV
  • Sporting Sun

© 2019 The Sun Nigeria - Managed by Netsera.

Posting....